Inventory of stock for my provision store

Kyere

Berekum, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Kyere

Member since

October 2014

On-time repayments

275 installments • 12%

About Me

My name is Richard Febiri Kyere. I come from Berekum in the Brong Ahafo Region. I have married with two children. I teach at St Monica's JHS as a trained Teacher from the Berekum College of Education. Form there, i moved to University of Winneba and pursue Education. I started this provision store long ago and is very lucrative . I have been doing this for years and is helping me and my family for a very long time. This provision store helped me during my education at the training college and University. It is now assisting me to take care of my family. i like to play football and watch my local team Chelsea play and win. i have two lovely kids who make me feel so happy all the time. I always go to the shop with them and it helps me a lot.

My Business

I started this provision store many years ago and it has brought tremendous change in my life. I buy goods from local distributors and sell in my shop. I buy the goods at a very attractive price which brings me huge profits. I buy and sell all kinds of provisions from various distributors and sell to the people in my community. Due to lack of funds,i cant buy in large quantities which may subsequently bring me higher profits. I chose this kind of business because it is the only provision store in my area. When i invest about $905, i can get a profit of $200 dollars within a week. This is very awesome and booming and i need this loan urgently to improve and buy in bigger quantities.

Loan Proposal

I sell general goods like milk, nido, tooth paste and milo among others . I have been doing this for years and I have a great deal of experience when it comes to doing this type of business. I work as a professional teacher and I do this business alongside to cater for the needs of my family. I operate the only provision store in my area, which gives me all the market around. It is very lucrative, but I lack capital to buy in higher quantities. Which limits my profit and my business growing at a higher pace. I therefore plead with lenders to help me get loan and build it over a period of time which will gradually build up my business. I can definitely repay the the loan, because I get money on regular basis. Thank you.